Subscribe
Home Finance Realty Income Buys 453,000 SQFT, Three-Parcel Warehouse Portfolio in Kent for $98MM
FinanceIndustrialIndustry News

Realty Income Buys 453,000 SQFT, Three-Parcel Warehouse Portfolio in Kent for $98MM

May 28, 20263 Mins read514
Share
image of warehouse interior
Photo by CHUTTERSNAP on Unsplash
Share

The net-lease REIT doubles down on the Puget Sound's core distribution hub even as regional industrial vacancy climbs to a multi-year high. A net-lease real estate investment trust has acquired a cluster of warehouse properties in Kent for $98 million, or about $216 per square foot, a wager on durable logistics income in the Puget […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
Hotel sign on top of silhouette of a hotel building Previous post $23.6MM DoubleTree Suites Loan Near Seattle Airport Lands in Special Servicing as CMBS Maturity Wall Crashes Hotels

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

Featured Posts

Artificial intelligence graphic

Seattle’s AI Footprint Grows 42% Since 2024, Nearly Matching San Francisco’s Pace, JLL Report Finds

ByOctober 6, 2026


Recent Posts

Vancouver Washington waterfront

Hacienda CDC, YWCA Clark County Plan Up to 90 Affordable Homes and New Headquarters on Vancouver’s Main Street

ByOctober 7, 2026
Office building

282,000 SQFT FAA Regional Headquarters Near Sea-Tac Hits Market With 11 Years of Firm Federal Lease Term

October 7, 2026
fernando-hernandez-azOupDDldt4-unsplash-tacoma

Bellarmine Prep Plans $15MM Renovation of Nearly Century-Old Bellarmine Hall and Chapel in Tacoma

October 7, 2026
getty-images-pWZEbjRDnA0-unsplash-apartment

RoseVilla Launches 97-Home Zero-Energy Expansion in Oak Grove, Adding First Assisted Living

October 7, 2026
PS Business Parks, Blackstone, San Francisco, Los Angeles, Inland Empire, Seattle industrial real estate warehouse

Cabot-Affiliated Seller Trades 28,000 SQFT Kent Warehouse Occupied by FHC for $8.5MM

October 7, 2026
Related Articles
Vancouver Washington waterfront
AECIndustry NewsPortlandResidential

Hacienda CDC, YWCA Clark County Plan Up to 90 Affordable Homes and New Headquarters on Vancouver’s Main Street

Hacienda CDC and YWCA Clark County plan an 80- to 90-unit affordable...

ByOctober 7, 2026
fernando-hernandez-azOupDDldt4-unsplash-tacoma
AECIndustry News

Bellarmine Prep Plans $15MM Renovation of Nearly Century-Old Bellarmine Hall and Chapel in Tacoma

In a pre-application filed with the City of Tacoma, the Jesuit high...

ByOctober 7, 2026
Office building
CommercialFinanceIndustry News

282,000 SQFT FAA Regional Headquarters Near Sea-Tac Hits Market With 11 Years of Firm Federal Lease Term

The 2018 build-to-suit near Sea-Tac comes with a GSA lease that has...

ByOctober 7, 2026
getty-images-pWZEbjRDnA0-unsplash-apartment
AECIndustry NewsPortlandResidential

RoseVilla Launches 97-Home Zero-Energy Expansion in Oak Grove, Adding First Assisted Living

The nonprofit life plan community on River Road will add the 85-unit...

ByOctober 7, 2026
© Copyright 2024 Jellywp. All rights reserved powered by Jellywp.com